Sunday, February 17, 2008

US Market Summary 15 Feb 08

Dow 12,348.21 -28.77 -0.23%
Nasdaq 2,321.80 -10.74 -0.46%
S&P 500 1,349.99 +1.13 +0.08%

US market ended flat as all are unsure on whether this week is a dead cats' rebound or whether market is bottoming. Asia markets should open green on Monday but all will be uncertain as profit taking will be in place in the second half of the trading.

Take note of the small caps as pennies started to rally since last week. We should be able to see more of it this coming week as well.
I will post some pennies recommendation later.
So stay tuned to the blog.

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